Multipolar Tbk
PT Multipolar Tbk, together with its subsidiaries, engages in the telecommunication, information technology, and general trading businesses in Indonesia and internationally. It operates through Retail and Distribution, Information Technology, and Others segments. The company operates retail chains, including hypermarkets, Foodmart, Boston, FMX convenience store, Hyfresh, and department stores; an… Read more
Multipolar Tbk (MLPL) - Net Assets
Latest net assets as of September 2025: Rp8.51 Trillion IDR
Based on the latest financial reports, Multipolar Tbk (MLPL) has net assets worth Rp8.51 Trillion IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp16.57 Trillion) and total liabilities (Rp8.06 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp8.51 Trillion |
| % of Total Assets | 51.34% |
| Annual Growth Rate | 6.87% |
| 5-Year Change | 23.0% |
| 10-Year Change | -45.3% |
| Growth Volatility | 35.9 |
Multipolar Tbk - Net Assets Trend (2000–2024)
This chart illustrates how Multipolar Tbk's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Multipolar Tbk (2000–2024)
The table below shows the annual net assets of Multipolar Tbk from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp4.88 Trillion | +3.75% |
| 2023-12-31 | Rp4.70 Trillion | +4.73% |
| 2022-12-31 | Rp4.49 Trillion | -0.92% |
| 2021-12-31 | Rp4.53 Trillion | +14.26% |
| 2020-12-31 | Rp3.96 Trillion | -24.70% |
| 2019-12-31 | Rp5.26 Trillion | -15.84% |
| 2018-12-31 | Rp6.25 Trillion | -17.01% |
| 2017-12-31 | Rp7.54 Trillion | -19.53% |
| 2016-12-31 | Rp9.36 Trillion | +5.07% |
| 2015-12-31 | Rp8.91 Trillion | -13.43% |
| 2014-12-31 | Rp10.30 Trillion | +14.69% |
| 2013-12-31 | Rp8.98 Trillion | +27.28% |
| 2012-12-31 | Rp7.05 Trillion | -13.45% |
| 2011-12-31 | Rp8.15 Trillion | -4.14% |
| 2010-12-31 | Rp8.50 Trillion | +146.92% |
| 2009-12-31 | Rp3.44 Trillion | +9.77% |
| 2008-12-31 | Rp3.14 Trillion | -9.10% |
| 2007-12-31 | Rp3.45 Trillion | +36.61% |
| 2006-12-31 | Rp2.53 Trillion | +5.22% |
| 2005-12-31 | Rp2.40 Trillion | +21.62% |
| 2004-12-31 | Rp1.97 Trillion | +84.14% |
| 2003-12-31 | Rp1.07 Trillion | +2.39% |
| 2002-12-31 | Rp1.05 Trillion | +1.55% |
| 2001-12-31 | Rp1.03 Trillion | +4.05% |
| 2000-12-31 | Rp990.61 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Multipolar Tbk's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 151081000000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp1.51 Trillion | 32.95% |
| Common Stock | Rp2.95 Trillion | 64.30% |
| Other Comprehensive Income | Rp100.80 Billion | 2.20% |
| Other Components | Rp25.57 Billion | 0.56% |
| Total Equity | Rp4.59 Trillion | 100.00% |
Multipolar Tbk Competitors by Market Cap
The table below lists competitors of Multipolar Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Powerhouse Ventures Ltd
AU:PVL
|
$6.60 Million |
|
Electra Co Pr
TA:ECP
|
$6.60 Million |
|
Hcd Investment Producing and Trading JSC
VN:HCD
|
$6.60 Million |
|
Prospectiuni SA
RO:PRSN
|
$6.60 Million |
|
Golden Cariboo Resources Ltd
OTCQB:GCCFF
|
$6.59 Million |
|
GOLDMAN SACHS GROUP - Dusseldorf Stock Exchang
DU:GOS
|
$6.59 Million |
|
Gujarat Apollo Industries Limited
NSE:GUJAPOLLO
|
$6.59 Million |
|
PT Saraswanti Indoland Develop
JK:SWID
|
$6.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Multipolar Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,386,892,000,000 to 4,585,833,000,000, a change of 198,941,000,000 (4.5%).
- Net income of 159,191,000,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 39,430,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp159.19 Billion | +3.47% |
| Other Comprehensive Income | Rp39.43 Billion | +0.86% |
| Other Changes | Rp320.00 Million | +0.01% |
| Total Change | Rp- | 4.53% |
Book Value vs Market Value Analysis
This analysis compares Multipolar Tbk's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.32x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.09x to 0.32x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | Rp1067.68 | Rp93.00 | x |
| 2006-12-31 | Rp800.45 | Rp93.00 | x |
| 2007-12-31 | Rp652.78 | Rp93.00 | x |
| 2008-12-31 | Rp548.11 | Rp93.00 | x |
| 2009-12-31 | Rp935.25 | Rp93.00 | x |
| 2010-12-31 | Rp864.60 | Rp93.00 | x |
| 2011-12-31 | Rp673.15 | Rp93.00 | x |
| 2012-12-31 | Rp643.95 | Rp93.00 | x |
| 2013-12-31 | Rp738.13 | Rp93.00 | x |
| 2014-12-31 | Rp840.15 | Rp93.00 | x |
| 2015-12-31 | Rp719.60 | Rp93.00 | x |
| 2016-12-31 | Rp763.74 | Rp93.00 | x |
| 2017-12-31 | Rp639.87 | Rp93.00 | x |
| 2018-12-31 | Rp447.14 | Rp93.00 | x |
| 2019-12-31 | Rp318.09 | Rp93.00 | x |
| 2020-12-31 | Rp230.05 | Rp93.00 | x |
| 2021-12-31 | Rp266.01 | Rp93.00 | x |
| 2022-12-31 | Rp274.34 | Rp93.00 | x |
| 2023-12-31 | Rp281.73 | Rp93.00 | x |
| 2024-12-31 | Rp293.71 | Rp93.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Multipolar Tbk utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.40%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 2.86x
- Recent ROE (3.47%) is above the historical average (1.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 12.78% | 33.69% | 0.25x | 1.52x | Rp27.57 Billion |
| 2001 | 15.32% | 25.00% | 0.38x | 1.60x | Rp54.86 Billion |
| 2003 | 1.12% | 1.99% | 0.35x | 1.62x | Rp-95.16 Billion |
| 2004 | 2.43% | 0.92% | 0.51x | 5.12x | Rp-71.96 Billion |
| 2005 | 4.71% | 0.81% | 1.37x | 4.26x | Rp-68.08 Billion |
| 2006 | 3.31% | 0.50% | 1.22x | 5.48x | Rp-91.28 Billion |
| 2007 | 3.50% | 0.59% | 1.06x | 5.59x | Rp-113.74 Billion |
| 2008 | -13.06% | -1.55% | 1.11x | 7.58x | Rp-347.02 Billion |
| 2009 | 6.98% | 1.02% | 0.92x | 7.48x | Rp-47.96 Billion |
| 2010 | 58.47% | 29.68% | 0.68x | 2.90x | Rp2.35 Trillion |
| 2011 | 1.85% | 0.93% | 0.72x | 2.75x | Rp-424.14 Billion |
| 2012 | 0.58% | 0.23% | 0.90x | 2.83x | Rp-468.98 Billion |
| 2013 | 20.06% | 9.65% | 0.72x | 2.87x | Rp709.78 Billion |
| 2014 | 22.41% | 11.10% | 0.75x | 2.70x | Rp1.05 Trillion |
| 2015 | -16.64% | -6.75% | 0.79x | 3.14x | Rp-1.93 Trillion |
| 2016 | 3.17% | 1.37% | 0.74x | 3.14x | Rp-525.06 Billion |
| 2017 | -19.36% | -7.30% | 0.75x | 3.55x | Rp-1.89 Trillion |
| 2018 | -22.12% | -8.15% | 0.87x | 3.11x | Rp-1.77 Trillion |
| 2019 | -22.71% | -8.64% | 0.82x | 3.20x | Rp-1.52 Trillion |
| 2020 | -29.17% | -9.56% | 0.66x | 4.66x | Rp-1.32 Trillion |
| 2021 | 0.67% | 0.25% | 0.70x | 3.81x | Rp-361.55 Billion |
| 2022 | -1.44% | -0.56% | 0.85x | 3.04x | Rp-482.63 Billion |
| 2023 | 3.92% | 1.57% | 0.84x | 2.98x | Rp-266.64 Billion |
| 2024 | 3.47% | 1.40% | 0.87x | 2.86x | Rp-299.39 Billion |
Industry Comparison
This section compares Multipolar Tbk's net assets metrics with peer companies in the Department Stores industry.
Industry Context
- Industry: Department Stores
- Average net assets among peers: $1,290,436,477,111
- Average return on equity (ROE) among peers: -24.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Multipolar Tbk (MLPL) | Rp8.51 Trillion | 12.78% | 0.95x | $6.59 Million |
| PT DFI Retail Nusantara Tbk (HERO) | $1.42 Trillion | 19.24% | 1.62x | $5.39 Million |
| Matahari Department Store Tbk (LPPF) | $10.24 Billion | 0.00% | 7.62x | $120.20 Million |
| Mitra Adiperkasa Tbk (MAPI) | $1.47 Trillion | 13.69% | 1.50x | $569.96 Million |
| PT Daya Intiguna Yasa Tbk (MDIY) | $3.09 Trillion | 34.79% | 1.05x | $248.15 Million |
| Matahari Putra Prima Tbk (MPPA) | $166.02 Billion | -258.79% | 21.80x | $14.28 Million |
| Ramayana Lestari Sentosa Tbk (RALS) | $2.84 Trillion | 13.29% | 0.32x | $48.16 Million |
| Damai Sejahtera Abadi Tbk PT (UFOE) | $37.38 Billion | 4.01% | 4.83x | $3.59 Million |